Business
Business
KSE Watch: Return of the Bulls
The index’s run to record breaking hights continued as investors placed bets on improving macros ahead of a possible rate…
Local Steel industry hails import duties
Welcoming the latest policy, leading steel melters and re-rollers yesterday defended the imposition of 15% Regulatory Duty (RD) on steel…
World Oil prices fall further
Crude oil prices fell earlier today, with both Brent and U.S. WTI futures dropping below $48 a barrel because of…
PSO’s circular debt surges to Rs. 200 Billion
Pakistan State Oil's (PSO) circular debt has been reported to be more than Rs 200 billion due to which the…
Bearish trend at KSE
Mixed sentiments meant the index closed marginally negative after volatile trading with KSE-100 index dipping by as much as 250…
Federal govt. to stop supplying 650MWs of electricity to Karachi
Minister of State for Water and Power Abid Sher Ali has declared that the government will not extend the existing…
Power generation: Govt. to curtail furnace oil production
In a new policy, the government has decided to curtail oil consumption in electricity production and produce about 21,000 megawatts…
Gwadar’s new airport to be constructed for Rs. 26.6 billion
The Executive Committee of National Economic Council (Ecnec) approved the construction of the New Gwadar International Airport at a sanctioned…
1HFY15: Remittances increase by 15.26% hit $8.98b
Overseas Pakistanis sent remittances amounting to $8.98 billion in the first half of 2014-15, which translates into a year-on-year increase…